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Enovix Corp — Director's Dealing 2021
Jul 17, 2021
31619_dirs_2021-07-16_286b3145-a843-4b12-8fb2-586546689544.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Enovix Corp (ENVX)
CIK: 0001828318
Period of Report: 2021-07-14
Reporting Person: RODGERS THURMAN J (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-14 | Common Stock | A | 17126552 | — | Acquired | 17126552 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-14 | Warrant (Right to Buy) | $11.50 | A | 6000000 | Acquired | 2026-07-14 | Common Stock (6000000) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5750000 | Indirect |
Footnotes
F1: Received pursuant to the Agreement and Plan of Merger, dated as of February 22, 2021, by and among Rodgers Silicon Valley Acquisition Corp, a Delaware corporation ("RSVAC"), RSVAC Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of RSVAC ("Merger Sub"), and Enovix Corporation, a Delaware corporation ("Legacy Enovix"), pursuant to which (i) Merger Sub merged with and into Enovix, with Enovix surviving the merger as a wholly owned subsidiary of RSVAC and (ii) RSVAC changed its name to Enovix Corporation.
F2: The shares are held by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the Reporting Person is a trustee.
F3: The shares are held by Rodgers Capital, LLC for which the Reporting Person is the managing member and has voting and dispositive power over the shares.
F4: Warrants become exercisable on the later of (i) 30 days after the completion of our initial business combination, which was on July 14, 2021, and (ii) 12 months from the closing of the RSVAC initial public offering, which was on December 4, 2020, and they expire five years after the completion of our initial business combination or earlier upon redemption or liquidation.